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Institutions: Real interest rates remain high, which may provide a basis for the Federal Reserve to cut interest rates recently
GateNews
Odaily Planet Daily reports that Scott Helfstein, Head of Investment Strategy at Global X, pointed out in a report that real interest rates may still be too high, which could prompt the Federal Reserve to cut interest rates again soon. “This leads us to believe that the Federal Reserve may remain more dovish than the market expects and could cut rates again as early as the first quarter,” he said. Helfstein believes that the current market is likely driven by fundamentals, and the performance of the current earnings season has met higher expectations so far, with many companies reaffirming their guidance. (Jin10)
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